IGSS, an applicant for the US$10 billion semiconductor incentive scheme, is looking to set up its fab in southern India. Renesas, eyeing opportunities in India, has expanded its relationship with Tata Group.

Packaging demand for consumer electronics ICs including commodity MCUs, MOSFETs, lower-end logic ICs and power management ICs (PMICs) has contracted significantly amid lackluster sales of consumer electronic devices, and may not rebound until late first quarter of 2023, according to sources from backend houses.

Apple CEO Tim Cook has been hinting at Apple’s work on augmented reality (AR) in an interview with media, telling fans to “stay tuned” and see what they have to offer. Something is already in the making, is it? Then observations from suppliers of Apple’s suppliers may have some value for people to listen to.

The reality of commuting with robotaxis has come closer. Cruise, a GM-owned self-driving car company, began charging for its driverless taxi rides in part of San Francisco. Two months earlier, autonomous vehicle (AV) technology companies Apollo and Pony.ai received approval for operating their self-driving taxi services without a safety driver in a suburb of Beijing.